Earlier this month we learned the Celtics and Nuggets discussed a deal involving Danilo Gallinari.
The idea of Danilo in green appears to be dead because Woj is reporting that Gallinari has signed a 2 year, $34 million extension with the Nuggets:
Denver Nuggets forward Danilo Gallinari is finalizing an agreement on a two-year extension worth an additional $34 million on his contract, league sources told Yahoo Sports.
The deal is a restructuring that includes a $2.5 million increase on the $11.5 million owed to Gallinari as he enters the final year of his contract in 2015-16, sources said.
Under the newly negotiated terms, Gallinari will make $14 million this season, the first of a deal that runs through the 2017-18 season, sources said. He will make $15.5 million in 2016-17 and has a player option worth $16.1 million for the third year of the deal and a full trade kicker, sources said.
SI’s Chris Mannix says a lot of teams inquired about Gallinari but Denver wasn’t interested in dealing him.
Buona fortuna, Danilo.
In other news, the Globe’s Adam Himmelsbach says “the Jae Crowder signing and David Lee trade will most likely be finalized next week.”
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